However, Spending On Outside Counsel Went Down 2% Worldwide.
HBR Consulting, a legal business operations and technology consultancy, recently has issued its 2014 Corporate Law Department survey of 292 in-house legal departments (many of which are Fortune 500 companies).
The results show that, for 2012-2013 on a worldwide basis, legal spending was up 2% with respect to in-house legal departments, accounted for by a 5% increase in in-house salaries and operating expenses. However, spending for outside counsel under the same parameters went down by 2%. The median total legal spending by companies responding was $29.7 million (worldwide) and $26 million (U.S.).